Which of the following is a form of cheating or undersupply relative to an implicit or explicit contract which usually takes place when buyers cannot easily monitor supplier performance?

A) institutional sale
B) business buying
C) opportunism
D) vertical integration
E) contractual transactionism


C

Business

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Temporary accounts are for recording

a. revenues and expenses. b. assets. c. liabilities. d. shareholders' equity. e. assets, liabilities, and shareholders' equity.

Business

Increasing the number of periods in a moving average will accomplish greater smoothing, but at the expense of:

A) manager understanding. B) accuracy. C) stability. D) sensitivity to real changes in the data. E) All of the above are diminished when the number of periods increases.

Business

A(n) ________ is a programmed learning technique that is designed to expose members of one culture to some of the basic concepts, attitudes, role perceptions, customs, and values of another.

A. ethnocentric regulator B. cultural assimilator C. developmental assimilator D. educational regulator

Business

Z is a standard normal random variable. What is the value of Z if the area to the right of Z is 0.1112?

a. 0.3888 b. 1.22 c. 2.22 d. 3.22

Business